Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Karina Street Fort Hancock, TX 79839

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    LAND - Fort Hancock, TX

    Lot size:
    10.20 Acres
    Added:
    Apr 20, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 25 at 9:06 am

    Property Features for Karina Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    10.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    76 TSP 6 SEC 6 T & P 15 TIERRA DEL SOL LOTS 12-13 (10.20 ACRES)
    Tax Annual Amount
    39

    We can help!

    Listing Contact
    Elizabeth N. Reza

    Listing agent Elizabeth N. Reza License #0710840

    Listing office Home Pros Real Estate Group 1035 Belvidere St., Suite 200, el paso, TX

    Listing date Apr 20, 2026

    MLS# 942540 Listing URL

    Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Hancock Land Investment

    This 10.2-acre land parcel is located approximately 40 minutes from Horizon, Texas. To reach the property, take I-10 East to Exit 68 Alcala, proceed on County Road, turn left onto Lloyd, and then right onto Karina Street. Continue for 3 miles on Karina Street; the property is situated to the west of Karina Street. The area features dirt roads, and the streets are named. The land offers mountain views and allows for horses. It is considered a potential future investment. Coordinates are 003312W, with a distance of 66.54 E and a distance of 323.19 at 89-26-48 545-16 36E.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Fort Hancock
    County
    Hudspeth
    State
    Texas
    Longitude
    -105.683
    Latitude
    31.5192

    Nearby Similar for Sale

    • $858,000

      Productive Farmland Near Rio Grande

      200-acre farm with established water rights and improvements.
      16499 Wilkey Road, Acala, TX 79839
      View Details
    • $69,900

      2.5 Acres in Fort Hancock

      2.5 acres in Hudspeth County with owner financing.
      265 5th Street, Fort Hancock, TX 79839
      View Details
    • $25,000

      20 Acres in Sunset Ranches

      20-acre ranch property near Guadalupe Mountains National Park.
      75 TSP 5 SEC 11 SUNSET RANCHES UNIT #54, Fort Hancock, TX 79839
      View Details
    • $11,500

      Undeveloped Land in Fort Hancock

      20 acres of land suitable for investment or off-grid living.
      Wagon Wheel, Fort Hancock, TX 79839
      View Details
    • $21,000

      Land in Sunset Ranches

      53.24 acres near Dell City, ideal for off-grid living.
      71 TSP 6 S EC30 T&P GUNSIGHT RANCH LOT 11, Fort Hancock, TX 79839
      View Details
    • $38,000

      Undeveloped Land in Fort Hancock

      Approximately 36-acre parcel in Sunset Ranches subdivision.
      76 TSP 4 SEC 41 T & P SUNSET RANCH, Fort Hancock, TX 79839
      View Details
    • $20,000

      20 Acres in Sunset Ranches

      20-acre parcel ideal for building or investment in Fort Hancock.
      PN-62502 Sunset Ranches #109 Lot 5, Fort Hancock, TX 79839
      View Details
    • $12,000

      22 Acres of West Texas Land

      22 acres in West Texas, ideal for off-grid living.
      PN 59644 San Felipe Avenue, Fort Hancock, TX 79839
      View Details
    • $15,000

      Expansive Desert Land Opportunity

      40+ acres of West Texas desert land for sale.
      12 SEC 17 SUNSETRANCHES #33 LOTS 26-27, Fort Hancock, TX 79839
      View Details
    • $25,000

      40 Acres Near I-10

      Two lots totaling 40 acres near Acala, Texas.
      Lori Avenue lot: 2 & 3, Acala, TX 79839
      View Details
    • $45,000

      Raw Land in Fort Hancock

      20 acres of raw land with endless possibilities.
      PN-62697, Fort Hancock, TX 79839
      View Details
    • $20,000

      20 Acres of Texas Land

      20 acres in Hudspeth County, ideal for recreation or investment.
      INDIAN WELLS #4 LOT 16 (20.00), Acala, TX 79839
      View Details

    FAQs

    What type of property is this?
    Land - 10.2 acres of land near Horizon, Texas.
    Where is this land located?
    The property is located at Karina Street Fort Hancock, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large land parcel suitable for development or recreation.; Horse‑friendly property.; Enjoy mountain views.
    (915) 783-7244
    We can help!
    Listing Contact
    Elizabeth N. Reza
    Real Estate License ID: 0710840
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!